NOT LISTED FOR SALE

Estimated Value: $254,497 - $294,000

2 Beds
2 Baths
984 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 24, 2015

Last sale price $110,000 $112 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,641/month

10 Days on Market

Highlights

  • Heated Floors
  • Refrigerated and Evaporative Cooling System
  • 5-minute walk to Centennial Park
  • 1-Story Property

About This Home

As of November 2015

Great investment opportunity. This duplex is an excellent source of cash flow. Unit #101 is 1 bedroom/ 1 bath and rents for $600. Unit #102 is 1 bedroom/ 1 bath with an extra small room and rents for $650. Evaporative coolers on both units are less than 2 years old, dual pane windows, roof and stucco are just a few years old. Long term tenants would like to stay. As-Is.

Last Agent to Sell the Property

Leo Estrada

London Properties, Ltd. License #01798316 Listed on: 10/30/2015

London Properties, Ltd.

Last Buyer's Agent

Anthony Fraser

CenCal Realty License #01355047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1976

Lot Details

  • 6,534

Home Design

  • Duplex
  • Wood Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,534 Sq Ft Lot
  • Refrigerated and Evaporative Cooling System

Community Details

  • 2 Units
  • Gross Income $15,000

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 111.79
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Bathrooms: 2.00
  • Bedrooms: 2
  • Square Footage: 984.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Wood Subfloor

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Evaporative, Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1500
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6534.00
  • Price Per Acre: 733333.33

Building Info

  • Year Built: 1976

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 15000.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 2

MLS Schools

  • School District 2: Madera Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Nov 19, 2015
Sold by
Xu Lin Xing
Bought by
Li Wei
Seller's Agent
Leo Estrada
London Properties, Ltd.
Buyer's Agent
Anthony Fraser
CenCal Realty
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$274,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,220
Avg. Annual Appreciation
9.86%

Purchase Details

Listed on
Oct 30, 2015
Closed on
Nov 17, 2015
Sold by
L & P Investments Llc
Bought by
Li Wei
Seller's Agent
Leo Estrada
London Properties, Ltd.
Buyer's Agent
Anthony Fraser
CenCal Realty
List Price
$110,000
Sold Price
$110,000

Purchase Details

Closed on
Nov 24, 2014
Sold by
Mejia Pablo Mauricio Estrada
Bought by
Estrada Pablo Mauricio and Estrada Juan Leonardo

Purchase Details

Closed on
Apr 2, 2014
Sold by
Hernandez Gabriela
Bought by
Mejia Pablo Mauricio Estrada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 13, 2014
Sold by
Lumbreras Flaudia T
Bought by
Mejia Pablo Mauricio Estrada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2011
Sold by
Mejia Carlos H and Mejia Niomi D
Bought by
Lumbreras Flaudia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Wei -- Old Republic Title Company
Li Wei $110,000 Old Republic Title Company
L & P Investments Llc -- Old Republic Title Company
Estrada Pablo Mauricio -- None Available
Mejia Pablo Mauricio Estrada -- First American Title Company
Mejia Pablo Mauricio Estrada $79,000 First American Title Company
Lumbreras Flaudia T $46,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wei $81,200
Closed Li Wei $81,200
Previous Owner Mejia Pablo Mauricio Estrada $50,000
Previous Owner Lumbreras Flaudia T $52,000
Previous Owner Mejia Carlos H $118,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2015 11/24/15 Sold $110,000 0.0% $112 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $110,000 -- $112 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,526 $130,211 $29,591 $100,620
2023 $1,526 $125,157 $28,443 $96,714
2022 $1,427 $122,704 $27,886 $94,818
2021 $1,400 $120,299 $27,340 $92,959
2020 $1,426 $119,066 $27,060 $92,006
2019 $1,415 $116,732 $26,530 $90,202
2018 $1,307 $114,444 $26,010 $88,434
2017 $1,291 $112,200 $25,500 $86,700
2016 $1,260 $110,000 $25,000 $85,000
2015 $915 $80,577 $20,399 $60,178
2014 $507 $46,825 $15,369 $31,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 454275

Fresno MLS

APN: 008-012-002